Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Paladin Energy Ord Shs PALAF

Paladin Energy Ltd is an Australia-based independent uranium producer with a 75% ownership of the world-class long life Langer Heinrich Mine (LHM) located in Namibia. The Company also owns a portfolio of uranium exploration and development assets in Canada and Australia. Its segments include Exploration, Namibia and Australia. The LHM is located in central western Namibia approximately 80 kilometers (km) east of Swakopmund and 85 km northeast of the Walvis Bay major deepwater harbor. Its exploration projects include Michelin, Manyingee and Mount Isa. The Company, through its subsidiary Aurora Energy Ltd, holds a 100% interest in over 98,320 hectares of mineral exploration licenses. These are located within the Central Mineral Belt of Labrador, Canada. It has a 100% interest in the Manyingee Project. This project is a sandstone hosted uranium project consisting of 41 Mlb across two deposits. It wholly-owns a project comprised of three promising uranium exploration sites in Queensland.


OTCQX:PALAF - Post by User

Bullboard Posts
Comment by shiftmanon Apr 26, 2014 10:29am
369 Views
Post# 22493986

RE:RE:RE:RE:RE:RE:RE:RE:Positive numbers for Paladin

RE:RE:RE:RE:RE:RE:RE:RE:Positive numbers for PaladinThe problem is Paladin already has real financial issues. They have shut down a mine, cut insiders wages, diluted the shareholder, sold 25% of LH. Michelin has been used for collateral against company debt. If paladin has to do a reverse split or sell more of LH the shareholder will be diluted even more. If the price falls to 25 cents share and then a reverse split occurs the shareholder will be wiped out. If u prices increase to 40.00 a lb Paladin still is going to have trouble paying down the debt they need around 70.00 a lb to show a profit for the shareholder. They have costs to maintain the shut down K mine on top of this. The question is this can Paladin survive and return a profit for the shareholder? Are the shareholder's just funding insider's wages and lucrative retirement plan? Why would an investor buy Paladin shares there is no profit, no dividend check but insiders are still getting options, share performance bonuses while the shareholder is funding the project and getting nothing in return. The shareholders who provided the cash to operate the company have already lost a percentage of their intial investment. If shareholder's was smart they would force Paladin to cut wages further cut all stock options, performance bonuses, and lucrative pension plans until Paladin debt has been payed off, and the shares are over a dollar a share, and quarterly dividend is being payed to the investor.
Bullboard Posts